PayPal Digital Currency company
Overview
PayPal Digital Currency is the designation for PayPal USD (PYUSD), a stablecoin pegged to the US dollar and issued by Paxos Trust Company. The token facilitates payments, transfers, and value storage across PayPal and Venmo, allowing users to send funds, complete transactions, and exchange between digital and fiat currencies.
Within The Counterparty graph, PayPal Digital Currency connects to 1 tracked entity, most strongly to NY DFS BitLicense.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
regulated_by | NY DFS BitLicense | 85% |
Frequently asked questions
What is PayPal Digital Currency?
PayPal Digital Currency is a company tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to NY DFS BitLicense.
What type of entity is PayPal Digital Currency?
PayPal Digital Currency is classified as a company (company) in The Counterparty knowledge graph.
What is PayPal Digital Currency connected to?
In The Counterparty knowledge graph, PayPal Digital Currency is linked to 1 other tracked entity, most strongly to NY DFS BitLicense.